Bioengineering and Biomedical Engineering Degree from Syracuse University Return on Investment

See what the return on investment is for jobs that someone with a Bioengineering and Biomedical Engineering degree from Syracuse University is likely to work in.

F D C B A
Approximate Total Payment $289,723
Approximate Total Interest $82,001
Monthly Payment $2011.96
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in bioengineering and biomedical engineering from syracuse university

Bioengineers and biomedical engineers

Projection Rating: C

Median Annual Wage: $100,730

Percentage of Paycheck to Repay: 23.97%-17.83%

Employment Change: 1.5%

Entry-Level Education: Bachelor's degree

Biological technicians

Projection Rating: F-

Median Annual Wage: $51,430

Percentage of Paycheck to Repay: 46.94%-34.93%

Employment Change: 5.5%

Entry-Level Education: Bachelor's degree

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Investing in your education is a crucial step towards a successful career, and a degree in Bioengineering or Biomedical Engineering from Syracuse University offers an impressive return on investment (ROI). With the increasing demand for skilled professionals in these fields, graduates are well-positioned to capitalize on lucrative job opportunities.

Syracuse University’s programs are designed to equip students with a comprehensive understanding of the principles of engineering as they apply to biological systems and medicine. This specialized knowledge not only enhances employability but also prepares graduates to tackle real-world challenges in healthcare and technology.

According to recent data, graduates from Syracuse University’s Bioengineering and Biomedical Engineering programs experience a high employment rate within six months of graduation, with starting salaries that often exceed industry averages. This solid financial foundation is further bolstered by opportunities for internships and co-op programs, allowing students to gain valuable experience and industry connections during their studies.

Moreover, the university's strong alumni network provides ongoing support and mentorship, facilitating career advancement and networking opportunities in the biomedical field. As health technology continues to evolve, the skill set acquired through these programs becomes increasingly valuable, leading to potential career growth and higher earning potential over time.

In summary, a Bioengineering or Biomedical Engineering degree from Syracuse University not only prepares you for a fulfilling career but also offers a substantial return on investment. By choosing this path, you are making a strategic decision that can lead to both professional success and financial stability in a dynamic and growing industry.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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